Oct 27, 2012 1:30pm PDT
. it is brought to you courtesy of obama care. it is basically a nutrition-packed label for health insurance, where every plan has to lay out their features in a standard way. you can compare them side by side, so you can really see what you're buying. >> right, i just want to clarify, when you talk about this worse case scenario, you're not saying -- i mean the idea of prevention, having the adequate care for that as well, you want it to be part of your plan. >> well, all the health care plans have to cover that. so that is not a problem. you want to have the shots, that is per visit. and the real money in health care, the real expenses come if you get hit by a bus or get cancer or have a medical catastrophe, so what we advise is, take this, multiply it by 12, and look for the number on the first page of it, called an annual out-of-pocket limit. this is the most you will have to spend a year on things like deductibles, co-pays and insurance. and it can add up fast if you get really sick. so you want to add that out-of-pocket limit, to determine how much you will spend on premiums that year.
Oct 28, 2012 4:30am PDT
to you courtesy of obama care. it's basically a nutrition facts label for health insurance where every plan has to set out its main features in a standard way so you could compare them side by side. so you can really see what you're buying. >> right. right. now, one thing i want to clarify, when you talk about this worst case scenario, you're not saying that -- the idea of prevention and having adequate protection for prevention, as well, is obviously important. you want that to be parts of your health care plan. >> well, all health care plans now have to cover preventsive services. that's not an issue. of course you wants to haptwant immunizations and preventsive services. the real money, expenses come when you get hit by a bus, have cancer, or have a medical catastrophe. what we're advising is to take this sbc that you're going to get, multiply your monthly premium by 12 and look for a number on the front page called the annual out-of-pocket limit. this is the most you'll have to spend in a year on things like deductibles, kay poeco-pays and deductible insurance. it can add up fast i